LABO VAN DE VELDE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LABO VAN DE VELDE
Largest movements
- Receivables within one year +€30,589
up €30,589 (+5.4%), from €569,317 to €599,906
of which Trade receivables: +€106,866
- Cash +€16,279
up €16,279 (+39.8%), from €40,910 to €57,189
mainly Net result for the year (+€489,687) and Tax, wage and social debts (+€48,672)
- Tax, wage and social debts +€48,672
up €48,672 (+78.9%), from €61,684 to €110,357
of which Taxes: +€35,735
- Other debts -€20,495
down €20,495 (-4.1%), from €500,000 to €479,505
- Trade debts +€16,289
up €16,289 (+68.4%), from €23,817 to €40,106
- Gross operating margin +€110,822
up €110,822 (+38.1%), from €291,189 to €402,011
- Staff costs +€88,389
up €88,389 (+58,404%), from €151 to €88,541
- Taxes +€71,002
up €71,002 (+143%), from €49,688 to €120,690
- Financial income +€28,011
up €28,011 (+10.3%), from €272,588 to €300,600
of which Financial income: +€29,011
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,556,745 | €1,611,761 | +€55,016 | +3.5% |
| Fixed assets | 21/28 | €939,405 | €953,621 | +€14,216 | +1.5% |
| Intangible fixed assets | 21 | €62 | €0 | -€62 | -100% |
| Tangible fixed assets | 22/27 | €6,062 | €4,716 | -€1,347 | -22.2% |
| Furniture and vehicles | 24 | €6,062 | €4,716 | -€1,347 | -22.2% |
| Financial fixed assets | 28 | €933,280 | €948,905 | +€15,625 | +1.7% |
| Current assets | 29/58 | €617,340 | €658,140 | +€40,800 | +6.6% |
| Amounts receivable within one year | 40/41 | €569,317 | €599,906 | +€30,589 | +5.4% |
| Trade receivables | 40 | €51,393 | €158,259 | +€106,866 | +208% |
| Other amounts receivable | 41 | €517,924 | €441,647 | -€76,277 | -14.7% |
| Cash at bank and in hand | 54/58 | €40,910 | €57,189 | +€16,279 | +39.8% |
| Deferred charges and accrued income | 490/1 | €7,113 | €1,045 | -€6,068 | -85.3% |
| Total equity and liabilities | 10/49 | €1,556,745 | €1,611,761 | +€55,016 | +3.5% |
| Equity | 10/15 | €970,356 | €980,043 | +€9,687 | +1.0% |
| Contributions | 10/11 | €548,500 | €548,500 | = | 0.0% |
| Capital | 10 | €548,500 | €548,500 | = | 0.0% |
| Issued capital | 100 | €550,000 | €550,000 | = | 0.0% |
| Uncalled capital | 101 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €421,856 | €431,543 | +€9,687 | +2.3% |
| Non-distributable reserves | 130/1 | €55,000 | €55,000 | = | 0.0% |
| Legal reserve | 130 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €366,856 | €376,543 | +€9,687 | +2.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €586,389 | €631,718 | +€45,330 | +7.7% |
| Amounts payable within one year | 42/48 | €585,501 | €629,968 | +€44,467 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €23,817 | €40,106 | +€16,289 | +68.4% |
| Suppliers | 440/4 | €23,817 | €40,106 | +€16,289 | +68.4% |
| Taxes, remuneration and social security | 45 | €61,684 | €110,357 | +€48,672 | +78.9% |
| Taxes | 450/3 | €61,684 | €97,420 | +€35,735 | +57.9% |
| Remuneration and social security | 454/9 | - | €12,937 | +€12,937 | |
| Other amounts payable | 47/48 | €500,000 | €479,505 | -€20,495 | -4.1% |
| Accrued charges and deferred income | 492/3 | €887 | €1,750 | +€863 | +97.3% |
| Non-recurring operating income | 76A | €460 | €0 | -€460 | -100% |
| Remuneration, social security and pensions | 62 | €151 | €88,541 | +€88,389 | +58,404% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,929 | €2,826 | -€103 | -3.5% |
| Other operating charges | 640/8 | €2,578 | €778 | -€1,800 | -69.8% |
| Gross operating margin | 9900 | €291,189 | €402,011 | +€110,822 | +38.1% |
| Operating profit (loss) | 9901 | €285,531 | €309,867 | +€24,336 | +8.5% |
| Financial income | 75/76B | €272,588 | €300,600 | +€28,011 | +10.3% |
| Recurring financial income | 75 | €271,588 | €300,600 | +€29,011 | +10.7% |
| Non-recurring financial income | 76B | €1,000 | €0 | -€1,000 | -100% |
| Financial charges | 65/66B | €1,474 | €90 | -€1,384 | -93.9% |
| Recurring financial charges | 65 | €1,474 | €90 | -€1,384 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | €556,645 | €610,376 | +€53,731 | +9.7% |
| Income taxes | 67/77 | €49,688 | €120,690 | +€71,002 | +143% |
| Profit (loss) for the period | 9904 | €506,957 | €489,687 | -€17,270 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €506,957 | €489,687 | -€17,270 | -3.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.